by hiaja | Jul 16, 2023 | Accounting Others
‘Control’ involvesA. formulating details of operations and finances for the next financial yearB. comparing actual performance against targetsC. deciding whether to expand activitiesD. All of the given...
by hiaja | Jul 16, 2023 | Accounting Others
Planning isA. comparing actual performance against targetsB. setting objectives and formulating plans for future operationsC. measuring the performance of managers against preset targetsD. motivating managers towards achieving organisational...
by hiaja | Jul 16, 2023 | Accounting Others
Which of the following is not an objective of management accounting?A. Providing information for making decisionsB. Providing information for planningC. Providing information for controlD. Providing information for profit and loss...
by hiaja | Jul 16, 2023 | Accounting Others
A strategy isi. another name for a long-term objectiveii. the same as an objectiveiii. a means by which an organisation plans to meet its mission and achieve its objectivesA. iB. iiC. iiiD. i and...
by hiaja | Jul 16, 2023 | Accounting Others
Which of the following statement/s about management accounting is/are true?i. It is concerned only with information obtained from the accounting records.ii. It is concerned with financial and non-financial information.iii. It can provide information useful for making...
by hiaja | Jul 16, 2023 | Accounting Others
What type of accounting system is part of an organisation’s management information system for internal use only?A. Financial accountingB. Management accountingC. Governmental accountingD. All of the given...
